31.08.2011 - German pre-fab homes gain in popularity among British buyers

Factory-made houses, popular for decades among Germans and North Americans, are becoming more prevalent in Britain as homebuyers and developers try to avoid turbulence in the real-estate market. Sellers in London lowered asking prices by the most in a year in August as demand in Britainís most expensive city was hit by turmoil in financial markets.
Loans to buyers of pre-made homes will more than double to $5.5 billion by 2014, according to London- based researcher Datamonitor Plc..............................................Full Article: Source